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A new round of price increase broke out, and the paper market began to rebound.

Nantong Cotton Machinery Co.,Ltd | Updated: Dec 13, 2018

After the national scrap price rebounded, the price of wrapping paper also began to rise. Recently, a number of paper mills in Zhejiang, Jilin, Shandong, Henan, Jiangsu and other regions issued price increases, announcing that corrugated paper and whiteboard paper rose by 50-100 yuan/ton. At the same time, a number of paperboard factories in Hubei also issued price increases, indicating that the price of cardboard was raised by 3%.


A number of paper mills issued price increases, corrugated paper, white paper rose 50-100 yuan / ton


Looking at the price of this round of paper, the increase is not large, mostly at 50-100 yuan / ton. However, it covers a wide area and currently covers Zhejiang, Jilin, Shandong, Henan, and Jiangsu. According to analysis, there are three main reasons for its price increase:


First, there are fewer quotas for imported waste paper in recent batches, and at the same time, the national waste price rebounds, resulting in an increase in the overall cost of paper mills;


Second, many paper mills issued notices of downtime, which reduced the stock of raw paper and reduced the supply;


Third, Christmas, New Year's Day and other festivals are approaching, which has driven the increase in demand for paper products to a certain extent.